Gold price sharply increases in Pakistan

Karachi: Gold price sharply increased in Pakistan on Monday amid depreciation in the Pakistani rupee and ongoing geopolitical crisis.

According to Sindh Sarafa Bazaar Association, the price of the precious metal rose by Rs600 per tola and Rs515 per 10 grams to settle at Rs130,000 and Rs111,454, respectively.

In the international market, gold price per ounce increased by $17 and reached $1991.

Meanwhile, silver prices in the domestic market remained unchanged at Rs1,480 per tola and Rs1,268.86 per 10 grams today.